Archiv
Viacom erhöht Quartalsgewinn zweistellig bei mehr Umsatz - Ausblick bestätigtDPA-Datum: 2004-07-22 13:09:25

(dpa-AFX) NEW York - Der weltweit drittgrößte Medienkonzern Viacom < VIA.B.NYS > < Vicb.FSE > hat im zweiten Quartal seinen Gewinn bei höheren Umsätzen um 16 Prozent je Aktie gesteigert. Zudem bestätigte die US-amerikanische Viacom Inc., zu der auch der Musiksender MTV gehört, am Donnerstag vorbörslich ihre Wachstums-Prognosen für das Gesamtjahr.

(dpa-AFX) NEW York - Der weltweit drittgrößte Medienkonzern Viacom < VIA.B.NYS > < Vicb.FSE > hat im zweiten Quartal seinen Gewinn bei höheren Umsätzen um 16 Prozent je Aktie gesteigert. Zudem bestätigte die US-amerikanische Viacom Inc., zu der auch der Musiksender MTV gehört, am Donnerstag vorbörslich ihre Wachstums-Prognosen für das Gesamtjahr.

Im Berichtzeitraum hätten zweistellige Zuwächse bei Erlösen und operativem Ergebnis in den Bereichen Kabelnetzwerke und Fernsehen beigetragen. Die Umsätze seien zudem in allen Geschäftsfeldern gestiegen.

Quartalszahlen

Im abgelaufenen Jahresviertel steigerte Viacom den Gewinn auf 754 Millionen US-Dollar oder 0,43 Dollar je Aktie. Vor einem Jahr waren es 660 Millionen Dollar beziehungsweise 0,37 Dollar pro Titel. Analysten hatten im Schnitt mit 0,43 Dollar pro Titel gerechnet. Die Ergebnisse von April bis Juni enthalten laut Viacom Umstrukturierungskosten von 56 Millionen Dollar (nach Steuern 34 Millionen Dollar) oder 0,02 Dollar je Aktie.

Operativ steigerte Viacom ihren Gewinn um ein Zehntel auf 1,4 Milliarden Dollar. Mit 6,8 Milliarden Dollar setzte der Konzern 7 Prozent mehr um als vor einem Jahr. Vor allem Steigerungen in den Bereichen Kabelnetzwerke (+23%) und Fernsehen (35%) sowie ein um 11 Prozent erhöhtes Werbeaufkommen hätten zu dem operativen Gewinnzuwachs geführt.

Bekräftigter Ausblick

Für das Gesamtjahr peilt der Konzern weiter ein Umsatzplus von 5 bis 7 Prozent an, wie Viacom meldete. Der Gewinn je Aktie soll um 12 bis 14 Prozent zulegen. In dieser Prognose nicht enthalten seien die 2003 angefallenen unbaren Kosten bezüglich der Videotheken-Kette Blockbuster, im laufenden Jahr angefallene Umstrukturierungskosten sowie positive Steuereffekte 2004.

Zum Viacom-Konzern gehören neben MTV und Blockbuster auch CBS, Nickelodeon, Nick at Nite, VH1, BET, oder Paramount Pictures. In Deutschland hatte Viacom Ende Juni für Aufmerksamkeit gesorgt. Der US-Konzern hatte angekündigt, sich die Mehrheit an dem Kölner Medienunternehmen Viva Media AG < VVM.ETR > gesichert zu haben. Damit werden die beiden Musiksender Viva und MTV künftig unter einem Dach geführt.

Viacom Reports Record Second Quarter 2004 Results Thursday July 22, 6:15 am ET * Diluted Earnings Per Share of $.43 Up 16% and Operating Income Up 10% On 7% Higher Revenues * Quarterly Results Led By Double-Digit Operating Income and Revenue Growth in Cable Networks and Television Segments * Advertising Revenues Climb 11% to $3.4 Billion

NEW York, July 22 /Prnewswire-Firstcall/ -- Viacom Inc. (Nyse: VIA - News and VIA.B - News) today reported record results for the second quarter ended June 30, 2004, including double-digit increases in net earnings and operating income. Viacom's second quarter results were led by double-digit revenue and operating income increases in the Company's Cable Networks and Television segments, as well as revenue growth in every business segment. For the second quarter of 2004, Viacom reported operating income of $1.4 billion, an increase of 10% from $1.3 billion for the same quarter last year, on revenues of $6.8 billion, an increase of 7% from $6.4 billion for the same quarter last year. Operating income gains were led by increases of 23% in Cable Networks and 35% in Television, as well as growth in overall advertising revenues of 11% in the second quarter of 2004.

Viacom's net earnings for the second quarter of 2004 rose to $754 million, or $.43 per diluted share, from $660 million, or $.37 per diluted share, for the same quarter last year, an increase of 14%, or 16% on a per share basis. Second quarter results include 2004 severance charges of $56 million, $34 million net of tax, or $.02 per diluted share, due to management changes.

For the second quarter of 2004, Viacom's free cash flow climbed to $1.0 billion from $890 million for the same prior-year period, an increase of 14%. Increased free cash flow resulted principally from higher operating income as well as improvements in working capital partially offset by higher cash taxes and higher capital expenditures versus the second quarter of 2003. Free cash flow reflects the Company's net cash flow from operating activities of $1.2 billion less capital expenditures of $138 million.

For the six months ended June 30, 2004, operating income increased 14% to $2.6 billion from $2.3 billion, on revenues of $13.6 billion, a 9% increase over revenues of $12.5 billion for the first half of 2003. Net earnings of $1.5 billion, or $.84 per diluted share for the first half of 2004, compared with net earnings of $1.1 billion, or $.63 per diluted share, for the same prior-year period, an increase of 33%, or 35% on a per share basis. Six month results include severance charges of $56 million, $34 million net of tax, or $.02 per diluted share, due to management changes. Free cash flow for the six months ended June 30, 2004 was $1.8 billion, 24% higher than the same prior- year period free cash flow of $1.5 billion.

Results for the first half of 2004 include the recognition of a tax benefit of $141 million, net of minority interest, or $.08 per diluted share, from the resolution of the Company's federal income tax audit for the years 1997 through May 4, 2000.

Sumner M. Redstone, Chairman and Chief Executive Officer, said, "Viacom finished the first half of 2004 with an outstanding second quarter performance, highlighted by double-digit gains in net earnings and operating income and high single-digit growth in revenues. Once again our results were led by exceptional performances in our Cable Networks and Television segments which account for over 70% of the Company's operating income. Our television businesses continue to lead the industry in converting creative and ratings successes into strong double-digit increases in operating income and revenue. We also experienced strong increases in the television upfront advertising process, locking in higher rates and increased dollars, a performance which should benefit Viacom through at least the third quarter of 2005. The second quarter also benefited from top line increases in every business unit, paced by an 11% increase in overall advertising revenues.

"Free cash flow in the second quarter increased 14%, indicative of Viacom's ability to turn top line growth into steadily rising value for shareholders," Mr. Redstone added. "We also made significant progress in our planned separation from Blockbuster and we expect it to be completed in early October. Additionally, Viacom announced an agreement to acquire Viva Media AG in Germany, an important strategic addition to our international portfolio of cable networks and a major step forward in one of the largest television markets in Europe, and we announced our intention to acquire all of the outstanding shares of Sportsline.com that we do not already own. These strategic deals enhance our position in two key areas, international television and the internet, and we intend to continue to capitalize on opportunities that present themselves. That said, we don't presently see the need to do any major deals. The Company intends to resume its stock buyback program following our separation from Blockbuster."

Business Outlook

The Company continues to believe it is on track to deliver full year 2004 revenue growth of 5% to 7%, operating income growth of 12% to 14% and earnings per share growth of 13% to 15%. Operating income and EPS guidance excludes the 2003 non-cash charge related to Blockbuster, the 2004 severance charges and the 2004 tax benefit from the resolution of the Company's federal income tax audit.

Serviceangebote
Zur Startseite
-0%1%2%3%4%5%6%7%8%9%10%11%12%13%14%15%16%17%18%19%20%21%22%23%24%25%26%27%28%29%30%31%32%33%34%35%36%37%38%39%40%41%42%43%44%45%46%47%48%49%50%51%52%53%54%55%56%57%58%59%60%61%62%63%64%65%66%67%68%69%70%71%72%73%74%75%76%77%78%79%80%81%82%83%84%85%86%87%88%89%90%91%92%93%94%95%96%97%98%99%100%